InvestorsHub Logo
Followers 4
Posts 2041
Boards Moderated 0
Alias Born 04/25/2017

Re: None

Monday, 11/28/2022 10:25:43 AM

Monday, November 28, 2022 10:25:43 AM

Post# of 5352
Could OTCN be trying to force a..reverse split?

Their cap of best ask at exactly $0.01 is the level needed to force BZWR out of OTCQB compliance. The cure for BZWR would be a reverse split. However, even though a reverse split doesn't mathematically cause a loss in share value, it is an unfavorable event because traders see it as a warning or indication of future trouble. If BZWR chooses to maintain its OTCQB status with a reverse split, it is easy to imagine the shares losing half of their value or more. This would make a lot of money for anyone shorting the stock.

Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.